Home Page

Melco International sells a 75 pct share in Cyprus IR project to Melco Resorts (Macau Business)

Gambling: Why is it so addictive? (BBC News)

NHS to open first gambling clinic for children (The Guardian)

EA games: Loot boxes aren’t gambling, they’re just like a Kinder Egg (BBC News)

Bookmakers pledge £100m to avoid gambling crackdown (BBC News)

Amax expecting increased losses in 2019 due to Greek Mythology write-off (Macau Business)

Labour proposes a new ombudsman for gambling industry (The Guardian)

More…

At a Glance…

U.K.:
Numbers of employees, bingos, betting shops and arcades all decline
Gambling Commission figures show a 0.4 decline in total gross gambling yield in the 12 months to September 2018 versus the 12-month period ended March 2018

AUSTRALIA:
Melco buys Crown Resorts shares
Melco Entertainment has acquired a 19.99% stake in Crown Resorts, sealing a $1.2-billion deal but it could take up to one year to finalise probity checks and receive regulatory approval

U.S.A.:
NY lottery passes $10 billion in sales
The New York Lottery has become the first US state lottery to generate more than $10 billion in combined annual sales of lottery and video lottery products

NEW ZEALAND:
Racing betting levy repealed
The government plans to phase out the current racing betting levy over the next three years – it is hoped this will help revitalise the racing industry and provide funds for investment

U.S.A.:
Montana, Colorado and Indiana approve sports betting
Montana Governor Steve Bullock has approved legislation authorising the state lottery to offer sports betting and in Colorado Senators voted 27-8 in favour of legalised sports betting, with the bill now submitted to Governor Jared Polis for approval – in Indiana Governor Eric Holcomb has signed legislation authorising the activity

SWEDEN:
William Hill opens online site
London-listed operator William Hill has launched its new online betting and gaming site in Sweden, the company’s first new locally licensed offering since 2011

AUSTRALIA:
Crown takeover talks end
US casino group Wynn Resorts has retracted its takeover offer for Crown Resorts due to the “premature disclosure” of the offer by Crown

U.K.:
Outdoor gambling in Leeds
Grosvenor Casino Leeds Westgate has been granted an extension to its gambling licence to install electronic gaming machines in its outdoor smoking area – it is believed only 2 terminals will be installed at present